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1505 W Commonwealth Ave
Alhambra, CA 91803
Triplex In The Heart of Alhambra · Multifamily Property For Sale
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3 Units
Investment Highlights
- Walk Score 77, "Very Walkable". 3-5 minute Drive to Costco, Target, and Other Major Retail Tenants in the Alhambra Old Town Area
- Current Rents are Below Market with Significant Upside Potential
- Located within School District: Alhambra HS (overall score 91.59/100) & Northrup Elementary School (60% of students testing above average)
- Each Unit has its own Parking Garage. Unit Mix of 1-2 BDR + 1 BTH and 2-1 BDR + 1 BTH
- Potential Rare Owner-User Opportunity with Rents Covering Major Expenses of the Property in a High Barrier to Entry Market
Property Facts
| No. Units | 3 | Building Size | 2,358 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | ALRPD* | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,358 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | ALRPD* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,484 | 700 |
| 2+1 | 1 | $2,031 | 958 |
Property Taxes
| Parcel Number | 5343-006-033 | Improvements Assessment | $380,904 |
| Land Assessment | $162,203 | Total Assessment | $543,107 |
Property Taxes
Parcel Number
5343-006-033
Land Assessment
$162,203
Improvements Assessment
$380,904
Total Assessment
$543,107
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